PETALING JAYA: The ringgit is heading for a strong close against most major currencies at the end of the third quarter, with the local economy showing resilience amidst the pandemic that is continuing to wreak havoc on many countries. On Tuesday, the ringgit was at a seven-month high against the US dollar at 4.133 The […]
Read MoreSept 30 will be the last day for excise tax reductions for jet fuel and the Excise Department has no policy to extend the measure, said a source at the department who spoke on condition of anonymity. The main reason for not prolonging the measure is that the department had expected low-cost airlines to reduce […]
Read MoreHow effective spending credits will be in boosting the tourism sector will depend on a range of factors, including the willingness of operators to collaborate and come up with new ideas, observers say. As businesses clamour to take advantage of the $100 SingapoRediscover vouchers to be issued to all adult Singaporeans in December, some are expressing […]
Read MoreThe Hanoitimes – The country has drawn significant interest among international developers, investors, and financiers as a fast-growing market. With a total of 5.2GW offshore wind capacity built in 2020-2030, Vietnam is placed among the top five markets in Asia in new installations in this decade, behind China (52 GW), Taiwan, China (10.5 GW), South Korea […]
Read MoreMANILA, Philippines — The government’s spending on infrastructure declined by 9.4 percent from January to July compared to last year’s level due to the suspension of construction activities during the lockdown, the Department of Budget and Management (DBM) reported yesterday. According to the latest data from the DBM, infrastructure and other capital outlays amounted to […]
Read MoreLoans worth 2 trillion baht owed by 1.1 million SMEs that entered the debt moratorium programme could turn into bad debts after the programme’s expiry at the end of September, says Thai Credit Guarantee Corporation (TCG). Many loans owed by small and medium-sized enterprises could turn into non-performing loans (NPLs), while creditors may pursue litigation […]
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Thailand
